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MLS Concierge

Your own private web access featuring only the listings you want to see...

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Budget: $0 - $10M+

Sqft: 0 - 5,000+ sqft

Terms Of Use

The term Virtual Office Website ("VOW") refers to a Participant's (REALTORS®) Internet website, or a feature of a Participant's Internet website, through which the Participant provides real estate brokerage services to Registrants (clients and prospects) with whom the Participant has first established a relationship where the Registrant has the opportunity to search for MLS® data, subject to the Participant's oversight, supervision and accountability.

By agreeing to these "Terms Of Use", I (the Registrant):

Acknowledge receipt of, and have read and understand the brochure published by the British Columbia Real Estate Association entitled “Working With a REALTOR®”;

Acknowledge and understand that the Terms of Use do not create an agency relationship and do not impose a financial obligation on the Registrant or create any representation agreement between the Registrant and the Participant;

Understand that all data obtained from the VOW is intended only for your personal, non-commercial use;

Do have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered through the VOW;

Agree not to copy, redistribute or retransmit any of the data or information provided;

Acknowledge the Board/Association ownership of and the validity of the copyright in the MLS® database;

Agree that all information provided may be provided to the relevant Board and may be used to administer and operate the VOW and to investigate any breach of security of the data or the MLS® rules;

Agree to supply a username and a password, the combination of which must be different from those of all other Registrants on the VOW, before being permitted to search and view information from the MLS® database via the VOW;

Must provide a valid email address. The Registrant may be permitted to access the VOW only after the Participant has verified that the email address provided is valid the Registrant's agreement to the VOW's Terms of Use is confirmed;

Understand that information on this site is deemed to be valid but is not guaranteed. It is the responsibility of the registrants to confirm all information on their own. Broker may not have reviewed or approved listing enhancements. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified;

Understand any agreement entered into at any time between the Participant and Registrant imposing a financial obligation on the Registrant or creating agency representation of the Registrant by the Participant must be established separately from the Terms of Use, must be prominently labelled and may not be accepted solely by mouse click;

That a "mouse click" is sufficient acknowledgement and agreement to the terms;

Having agreed to the terms and conditions of use, I would like to have access to this VOW information.

East Vancouver Townhouse Market Update – July 2017

East Vancouver Townhouse Market Update – July 2017

The townhouse market in East Van had an overall sale to the active ratio of 70%, which breaks down to 50% for 1 bedroom townhouses, 69% for 2 bedroom townhouses and 74% for 3 bedroom townhouses. This is the highest it’s been since the first half of 2016.

Looking at inventory levels, they’re on the higher side compared to the average over the last couple of years, with 60 townhouses on the market overall: 4 are one-bed units, 16 are two-bed units and 34 are 3-bed units. Keep in mind a lot of these 3-bed units are on leasehold land in Champlain Heights / Killarney.

The average sales price for townhouses is $990,072 across East Van, which breaks down to $512,000 for 1-bed units, $998,647 for 2-bed units and $1,016,396 for 3-bed units. Prices have been trending upwards, with a little bit of fluctuation thanks to the low number of data points contributing to the average (i.e. one abnormally high sale can easily skew the numbers).

Take a look at the numbers:

(Orange is 1 Bed Townhouses, Green is 2 Bed Townhouses, Blue is 3 Bed Townhouses and Purple is East Van Townhouses in general)

Sales to Active Ratio – 1 Bed vs 2 Bed vs 3 Bed Townhouses:

Total Inventory – 1 Bed vs 2 Bed vs 3 Bed Townhouses:

Average Sales Price – 1 Bed vs 2 Bed vs 3 Bed Townhouses:

There aren’t a *ton* of townhouses available in East Van, and with detached houses still climbing in price, they’re a good option for a lot of families, so when these townhouses hit the market, they can get snapped up pretty quickly. Our Custom MLS Search is a great tool to use if you’re in the market for an East Van townhouse, so contact us if you want to be notified if any townhouses within your price range hit the market.

I’ve had a lot of people recently ask me about duplexes – whether it’s finding a duplex with a mortgage helper (unlikely due to zoning restrictions) or buying both sides of a duplex with family or friends (rare because this is usually only possible with a brand new duplex). Keep in mind that duplexes are more expensive than townhouses, and you’ll still need over $1-million to get into the market.

Don’t hesitate to contact us if you have any questions about buying or selling townhouses in East Vancouver, and check out our East Van Home Buyer and Home Seller Guides.